Investors cautious amid Peru's political woes

Investors cautious amid Peru's political woes

IPO Corporate & Sovereign Strategy Project & Infrastructure Finance Peru

Fund managers will exercise a higher degree of caution towards investment in Peru, as the country tackles fresh political tensions. President Pedro Pablo Kuczynski's (PPK) pardoning of former leader Alberto Fujimori only days after PPK narrowly passed an impeachment vote generated public protests. The President's actions have sowed mistrust among Peruvians after he campaigned strongly against pardoning Fujimori. According to Laura Sharkey, a principal analyst at Control Risks, PPK's pardoning of

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